Location: Philadelphia, PA
Loan Amount: $351,475
iFC Loan Product: Purchase Renovation/Fix and Flip
Property Type: Single Family Residential
Loan Closing Date: 8/12/22
Purchase Price: $348,500
Construction Budget: $65,000
Loan to Cost: 85%
Length of Loan: 12 months
This client came to us after doing a lot of research into lenders. She wanted a lender that would be on top of communication and would not change terms unexpectedly. Her current lender just wasn’t cutting it.
We gave her the best terms possible and stayed in constant communication throughout the process, whether the information we had for her was good (or not so good).
The borrower could close a loan with the peace of mind of knowing that we were always available to answer her questions and get her to the closing table.